ARKUSDT remains in the downtrend.
Both in a short-term and long-term perspective we're expecting the downtrend to continue.
Recently Binance delisted ARKBTC trading pair which is not a good sign for this project when it comes to long-term predictions.
On the lower degree the price remains under the downsloping resistance line creating lower highs. Support at...
ARKBTC falling wedge in the context of a potential years long inverse head and shoulders pattern. Highly speculative and a bit of a relic in terms of projects directly related to the token.
Keep your eye on Ark. It has a beautiful weekly chart that appears to have broken out of a 4 year wedge. It's a low cap alt so entering early could be very lucrative as this price could really fly! Just relax, hodl, and let Ark do the rest. The height of the wedge is 42x its current price to give you an idea of the long-term potential.
If this stays in the triangle pattern it should take out these targets at breakout ! Long term upper targets go in excess of 1500%! Always use risk management when following anybody's charts!
Technical analysis regarding the price of ARK in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared...
ARK/BTC Forming a Bullish Cup & Handle / Inverse Head & Shoulder.
Both are bullish, inverse head and shoulder may take longer to play out than the cup & handle.
Cheers my friends...
BINANCE:ARKBTC
Ark diamond top formation, the 'diamond forms after an upward price trend. Breakout is upward' results in a short-term bullish continuation. Very consistent in a bull market with 21/23 Performance rank however in a bear market quite inconsistent with a rank of 2/19.
The price action of Ark / Bitcooin is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002253 to 0.00002212
Sell between: 0.00002351 to 0.00002498
Enjoy your...
This post mostly focuses on the subwaves of the ABC corrective wave
the 12345 for the A wave is shown
the ABC that makes up the B wave is shown
and the 12345 that makes up the C wave is also shown
let me know if you guys believe that this is correct!
www.cryptoplanet.cash
Well this look good
let's but everything is just stopped into trading
today this.day is very important if we can crack above or below ...
please don't take this trade if you are not confident rest today .. let this storm pass
